IMS 0.00% 69.0¢ impelus limited

the yanks will start buying

  1. 1,434 Posts.
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    If there is one country which loves tech stocks with massive upside it's the US. Although it was a repeat of the Aussie release, Thorpey is preaching his message to the converted with plenty of runs on the board following the outstanding profit result only from 22 million Aussie phones.

    With Sprint and SingTel signed, and the others likely to join for significant joint venture free revenue, the astute US fund managers will be buying their fair share to add to the tech portfolios.

    IMO there is only a few cents of short term downside in the SP (not 19c Mr Q) as MBE is making 1c per share in actual earnings now which will grow to 1.5 and 2c swiftly from Aussie revenue alone. Heaven help us if the US and Asian dollars start to flow even at a small rate.

    There is therefore plenty of blue sky for this to be valued well north of 40c in 6-12 months for those who have the patience to witness the bank accounts swelling. The new advertising deal alone will add a MINIMUM of $5.35 mil with $1-1.5 mill going on top of the bottom line from June/July this year.

    I sound like a broken record but the top 17 people (not 20) own 50% of the stock. IMO around 30 entities now own 70%(200 mil shares). This only leaves 100 mil shares for those astute fund managers and investors accumulating right now. This will eventually leave a stock shortage if and when the OS revenues hit the balance sheet.

    Greatness is in motion.

 
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